Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Debit Card Payment Options - is SumUp's standing charge of 2.75% The norm

Options
  • 24-09-2020 10:31pm
    #1
    72hundred
    Registered Users Posts: 1,333 ✭✭✭


    Hi,



    I'm looking for a mobile card payment solution that can run off a phone.



    I've been googling and one, (?the only option in Ireland), is quoting 2.75% for all transactions is SumUp and not other charges - is this the norm? Should I be looking at other options.



    Thanks.


Comments

  • Options
    #2
    jimmii
    Registered Users Posts: 14,810 ✭✭✭✭jimmii


    For a no contract no monthly fee option they are all about the same. Theres a few other options in the UK market around the 2% mark so not a whole heap of difference even in a slightly bigger market.

    Unless there's a reason you don't want a contract or if it really needs to be mobile then I would look at other options as they work out a lot cheaper even if you're only putting through a few grand a month


  • Options
    #3
    72hundred
    Registered Users Posts: 1,333 ✭✭✭72hundred


    jimmii wrote: »
    For a no contract no monthly fee option they are all about the same. Theres a few other options in the UK market around the 2% mark so not a whole heap of difference even in a slightly bigger market.

    Unless there's a reason you don't want a contract or if it really needs to be mobile then I would look at other options as they work out a lot cheaper even if you're only putting through a few grand a month


    Cheers thanks. It would a lot less than several grand a month, something like 200-500 a month in fact. So I presume this limits my options significantly if trying to get something with better value than 2.75%?


  • Options
    #4
    capefear
    Registered Users Posts: 772 ✭✭✭capefear


    https://mysplink.com/

    Have a look at the above site, I think their rates are better


  • Options
    #5
    antoinolachtnai
    Registered Users Posts: 9,773 ✭✭✭antoinolachtnai


    You are only looking at saving a fiver a month though if you find a service that is a full one percent cheaper. I don't think you can really expect it to be worth your while. Splink gives you a slightly lower rate according to the website, but I think you have to key the card number, which may not suit you (and you're only going to save about a euro a month).


  • Options
    #6
    Mike3549
    Registered Users Posts: 932 ✭✭✭Mike3549


    The only problem with sumup is that card must be present, no payment over the phone or entering details manually. Most card terminals have €30/month rental + €30 minimum merchant administration fee. I got a quote from paymentplus for their "castles" terminal, see the rates below:

    €9.99 Deal Overview:

    Blue Tooth Castles MP200 Terminal.
    We offer no additional card not present fees
    No Monthly Minimum Charge.
    Terminal Rental Fee €9.99 per month
    No Cancellation Fee.
    Paperless no till receipts
    Accepts Contactless Transactions including ApplePay, Google Pay & Samsung Pay.
    Account Management Plan:

    Account Management Support
    Free Online Reporting Tools
    Ancillary Charges:

    PCI fee of €4.35 per month


  • Advertisement
  • Options
    #7
    72hundred
    Registered Users Posts: 1,333 ✭✭✭72hundred


    Thanks that's a interesting package alright.

    I'll have to have a look into it.


  • Options
    #8
    Kenny Powers
    Registered Users Posts: 980 ✭✭✭Kenny Powers


    Mike3549 wrote: »
    The only problem with sumup is that card must be present, no payment over the phone or entering details manually. Most card terminals have €30/month rental + €30 minimum merchant administration fee. I got a quote from paymentplus for their "castles" terminal, see the rates below:

    €9.99 Deal Overview:

    Blue Tooth Castles MP200 Terminal.
    We offer no additional card not present fees
    No Monthly Minimum Charge.
    Terminal Rental Fee €9.99 per month
    No Cancellation Fee.
    Paperless no till receipts
    Accepts Contactless Transactions including ApplePay, Google Pay & Samsung Pay.
    Account Management Plan:

    Account Management Support
    Free Online Reporting Tools
    Ancillary Charges:

    PCI fee of €4.35 per month

    Can I ask what rate they charge?


  • Options
    #9
    Mike3549
    Registered Users Posts: 932 ✭✭✭Mike3549


    Kenny Powers wrote: »
    Can I ask what rate they charge?

    See attached


  • Options
    #10
    Kenny Powers
    Registered Users Posts: 980 ✭✭✭Kenny Powers


    Mike3549 wrote: »
    See attached

    Thanks for that, seems quite complex I'll give them a call to explain.


  • Options
    #11
    jawnuolis
    Registered Users Posts: 16 ✭jawnuolis


    72hundred wrote: »
    Hi,



    I'm looking for a mobile card payment solution that can run off a phone.



    I've been googling and one, (?the only option in Ireland), is quoting 2.75% for all transactions is SumUp and not other charges - is this the norm? Should I be looking at other options.



    Thanks.

    Be aware worst company to deal with. Card reader never work at firs time. After 3 years of using their service they closed account without any notice left us without any card payment option and hold our funds for 2 months.


  • Advertisement
Advertisement